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Total Results : 1162

Akkuyu receives $3 billion investment despite licence delay

  • 2015-09-30 16:22:29

Turkey’s first nuclear power plant, the $20 billion-rated Akkuyu project, located in Mersin Province, has so far received an estimated $3 billion despite the required licenses having not been issued yet, says the company CEO.

Door opening for Peterhead gasification, carbon capture, gas turbine scheme

  • 2015-09-29 04:44:32
  • David Flin

It is considered likely that the UK Drax power station’s bid for funding for a £2 billion ($3 billion) carbon capture project will collapse, bringing a rival scheme in Peterhead back into competition for government support.

UK energy policy criticized as Drax quits carbon capture project

  • 2015-09-26 11:35:03
  • Junior Isles

The Drax power company, in charge of the largest power plant in the UK of the same name, has thrown a £1 billion ($1.52 billion) UK government climate-change plan into turmoil, saying that government green policy reversals have made it too risky to move forwards.

Hinkley Point C wins new investment from British government

  • 2015-09-21 05:15:54
  • David Flin
George Osborne, Chancellor of the Exchequer of the UK, has announced that the UK government will make a fresh investment in the £24.5 billion Hinkley Point C nuclear power project.

Sweden enacts measures amid target of fossil-free energy mix mix

  • 2015-09-17 15:26:05

Sweden is aiming to become one of the first nations in the world to have a fossil-free energy mix, and as a step towards that goal it will invest 4.5 billion kronor ($546 million) next year in climate-protection measures as a step towards this goal.

GE to move US jobs to France and China in fight over export credits

  • 2015-09-16 06:12:18
  • David Flin
GE has revealed plans to shift up to 500 US manufacturing jobs to Europe and China because it can no longer access EXIM financing from the US Export-Import Bank.

EU clears GE takeover of Alstom on condition it sells parts of heavy duty gas turbine business

  • 2015-09-14 09:07:08
  • David Flin

GE has been given clearance from European and US anti-trust regulators to buy most of Alstom’s energy business.

More delays to Hinkley Point C nuclear power plant

  • 2015-09-08 04:28:05
  • David Flin
The planned Hinkley Point C Nuclear Power Plant in Somerset in the UK has received another setback, and the developer EDF has said that the project may be further delayed.

GE looks set to secure approval for Alstom deal

  • 2015-09-07 05:29:59
  • David Flin
GE looks likely to win EU approval for its $14 billion deal to buy Alstom’s energy assets.

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